On at about 22:26:08 PM, N700m case: Court rules against Ize-Iyamu was updated.
N700m case: Court rules against Ize-Iyamu; On Tuesday, a Federal High Court in Benin, Edo State, dismissed Osagie Ize-jurisdiction Iyamu's claims in a money laundering case brought by the Economic and Financial Crimes Commission (EFCC).
Lucky Imasuen, the state's former Deputy Governor; Dan Orbih, the former PDP chairman in Edo; Tony Aziegbemi, and Efe Erimuoghae are the other defendants.
They were all accused of taking possession of N700 million in Benin in March 2015 without any contract award.
Their alleged offences are punishable under Section 15(2)(d) of the Money Laundering (Prohibition) Act 2011 (as amended by the Money Laundering (Prohibition) Amendment Act 2012) and are contrary to Section 15(2)(d) of the Money Laundering (Prohibition) Act 2011 (as amended by the Money Laundering (Prohibition) Amendment Act 2012). (3). When the charges were read to the defendants, they pleaded not guilty.
Counsel for the Ize-Iyamu, Charles Edosomwan, argued that the court lacked jurisdiction to hear the case because the allegations were linked to an election. The Senior Advocate of Nigeria (SAN) contended that the Magistrate or High Court was the proper court to hear election cases.
The Senior Advocate of Nigeria (SAN) contended that the Magistrate or High Court was the proper court to hear election cases. The matter before the court, according to Justice M. G. Umar, is one of money laundering, over which the Federal High Court has exclusive jurisdiction. The defendants were chastised by the judge for filing the motion, which he claimed was designed to waste the court's time.
The case was adjourned until May 18, 2021, after Justice Umar denied their application.
Summary!: N700m case: Court rules against Ize-Iyamu
STICK YOUR CONTENT HERE (Daily ADs)

🤭 Be the Judge! 💭 Do you 🤔 love this News Post?
Tap👇 a Reaction now – Tap to👇 Comment
Share it! Drop a #COMMENT!